Dubai Land Department Off-Plan Register

Madison Astor Launch Prices

Off-plan in Majan · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

30 developer launch sales registered at Madison Astor between Jul 2009 and Nov 2013: 100% apartments, most commonly studio units, typically around 598 sqft.

Launch sales
30
DLD off-plan registrations, all time
Median launch /sqft
AED 1,152
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 455,5351,079,000
Min – max registered

Bed mix: Studio 77% · 1-bed 20% · 2-bed 3%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Madison Astor, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q316AED 1,203
2012 Q41AED 534
2013 Q29AED 969
2013 Q44AED 798
Two different markets

Launch vs Resale

Madison Astor also has 94 ready-market resales registered with the DLD, the first on 26 February 2014 - 55 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
94
19 in the last 2 years
Resale median /sqft
AED 840
last 2 years
Resale vs launch
-27%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Madison Astor →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
770 sqft · 25 November 2013
AED 546,000
AED 709 /sqft
Apartment · Studio
515 sqft · 25 November 2013
AED 456,300
AED 887 /sqft
Apartment · 1 Bed
770 sqft · 25 November 2013
AED 546,000
AED 709 /sqft
Apartment · Studio
515 sqft · 25 November 2013
AED 460,800
AED 896 /sqft
Apartment · Studio
515 sqft · 15 April 2013
AED 498,510
AED 969 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Off-plan in Majan

Compare this project with every other off-plan launch registered in Majan, or see the community's resale market.

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